ELITE STREET

Daley sells Central Station town home to daughter

Former Mayor Richard Daley has sold the near South Side town home he owned for 19 years to his daughter, Nora. Full story (E. Jason Wambsgans/Tribune)

Former Mayor Richard M. Daley has sold his longtime, four-level, 3,040-square-foot town home in the South Loop for $750,000.

Daley, who left office last year after a record-breaking 22 years as Chicago's mayor, is keeping the town home in the family. He sold it Sept. 13 to his daughter, Nora, and her husband, Grosvenor Capital Management vice president Sean Conroy. the town home never was publicly listed, which means that most details about its interior were not made available.

In an exclusive statement to Elite Street, Daley, who is of counsel to the law firm Katten Muchin Rosenman, recalled the fun times that he and his wife, Maggie, who died last November, enjoyed in their 19 years in the home.

"Maggie and I had great memories in that house -- dinners with family and friends, Christmas and Thanksgiving celebrations," Daley said. "The fact that my grandchildren will now be able to make new memories there is a wonderful thing. And it's a great community with strong families, great restaurants and wonderful amenities."

In late 1993, Daley and his wife paid $410,000 to purchase the town home from its developer, MCL Development, and they sold their longtime, 4,312-square-foot house in Bridgeport, where his famed Chicago political family had resided for 100 years, for $300,000. Those moves attracted a significant amount of attention, along with some criticism from Bridgeport residents for leaving the neighborhood.

With Mrs. Daley battling breast cancer, the Daleys moved out of the Central Station town home last year, shortly after his mayoral run ended. They moved into a three-bedroom, 3,479-square-foot condo unit in the Bloomingdale's building, 900 N. Michigan Ave., that they were renting.

In June, Daley moved out of that unit and into a smaller one nearby, as Elite Street first reported in August.